The team trying to get the city of Detroit out of bankruptcy is taking a "stunning" approach to restructuring retiree health benefits, according to the committee that represents the city's retirees.
The committee talks about funding for pension plans and "other post-employment benefits" (OPEB) — retiree health benefits — in an objection to a draft city debt adjustment disclosure statement.
The city filed for federal bankruptcy court protection in July.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
